spot_img

Budget 2021: The way ahead for e-bikes

Date:

Trending

The rise of electric vehicles is inevitable around the world and India alike, further enabled by governments around the world.

- Advertisement -

The Indian population largely moves on two-wheelers, with approximately one-third of all households owning one. Two-wheelers also account for as much as 75% of India’s vehicular emissions, unfortunately putting the majority of the onus of emission reduction squarely on the shoulders of those riders.

It is for this reason that the Indian government unveiled its EV subsidy programs, FAME (Faster Adoption and Manufacturing of Electric Vehicle). This has helped in driving the adoption of electric-scooters on Indian roads. However, the rate of adoption is still low primarily due to the heavy upfront cost and the lack of charging infrastructure.

- Advertisement -

This is where electric bicycles, aka e-bikes, play a crucial role. With their ease of use and maintenance, low upfront cost, high energy efficiency, and portable design, e-bikes have rapidly been seen as the most viable option for intra-city mobility. Delivery personnel, for eg., have seen an effective rise in delivery fulfilments when using e-bikes as opposed to the traditional scooter and motorcycle. E-bikes have become a very eco-friendly alternative to the large two-wheeler using population.

Innovations in e-bikes are increasing rapidly. Bulky lead-acid batteries have made way for much more compact & lighter nickel-cadmium and lithium-ion batteries. Innovations have also given rise to newer trends including folding e-bikes and IoT enabled smart e-bikes with app connectivity. 

- Advertisement -

With such development, e-bikes have become a highly sustainable and effective solution to the air pollution and traffic congestion woes of India. However, the cost of an e-bike is out of reach from most of the country’s two-wheeler riders. The government’s focus on EVs has still been restricted to only motorized vehicles and hence, is inadvertently missing out on the massive opportunity at hand.

From the perspective of e-mobility, the government should extend the benefits and subsidies under FAME II to electric bicycles as well. Since e-bikes operate at a much lower speed bracket, they are not extended the benefits of the FAME II program. 

This would help manufacturers to make their e-bikes much more accessible to the end consumers. Apart from being eco-friendly, e-bikes also solve the issue of traffic congestion and range anxiety (an issue that plagues the EV industry) since they can be pedaled even without a battery charge.

Also, schemes such as public bicycle sharing systems across cities to promote the use of e-bicycles. The government must also consider offering incentives to people who chose to cycle to work. In countries like the United Kingdom, tax reliefs are offered to people according to miles cycled.

Under the government initiative of skill India, more workers should be trained for electric vehicle manufacturing. There is a lack of reserves of materials like nickel, cobalt which forced the manufactures to be dependent on imports. 

The government must initiate policies to promote the use of e-bikes with fiscal incentives for greener mobility. Incentives should be passed on directly to customers to encourage them to ride and purchase e-bikes. If we want to move towards pollution-free spaces and bring down energy usage, then electric bikes are the way to go.

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Ankit Kumar
Ankit Kumar
Ankit Kumar is a CEO of GoZero Mobility

More Latest Stories

More Articles

Techugo Appoints Akshay Gupta as Vice President of IT for Global Markets

In a move to expand into new markets, Techugo, a global mobile application and digital transformation company, has appointed Akshay Gupta as Vice President...

Foreign Secretary Cooper Denies UK’s Role in U.S. Operation Against Venezuela’s Maduro

The British Foreign Secretary, Yvette Cooper, said the UK was not involved in the recent U.S. operation targeting Venezuela, including the reported capture of President Nicolás Maduro and his wife, Silvia Flores. Addressing Parliament, Cooper said, “The United Kingdom played no role in the U.S....

6 Realities Every Independent Professional Eventually Faces

Choosing to work independently is a dream for many. The freedom to set your...

US President Trump Says PM Modi “Knew I Was Not Happy,” Links India’s Russian Oil Import Cuts to Tariff Threats

US President Donald Trump praised Indian Prime Minister Narendra Modi for what he described...

NCB Advises Indian Travellers to Seek Clearance for Carrying Medicines to Saudi Arabia

The Narcotics Control Bureau has advised Indian travellers to obtain the required approvals before...

Why Edge Data Centres are India’s Next Growth Frontier

India's digital economy has entered a stage where promoting growth is no longer sufficient,...

India, Pakistan Share Details of Prisoners and Fishermen Held in Custody

India and Pakistan today exchanged the lists of civilian prisoners and fishermen in each...

India, Pakistan Exchange List of Nuclear Facilities Under Bilateral Agreement

India and Pakistan today exchanged the list of Nuclear Installations and facilities covered under...

India Extends Textile PLI Application Deadline to March 31

India has extended the deadline for submission of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles until March 31 this year. The...

Scaling Conversations: Superbot AI’s Sarvagya Mishra on Building Regional Voice AI for India’s Linguistic Markets

Speaking with TechGraph, Sarvagya Mishra, Founder and Director of Superbot, discussed how India’s shift...

The Hidden Business Layer Behind IoT Connectivity

When people talk about the Internet of Things, the focus is usually on devices....

The Shift to Intelligent Hiring: HunarAI’s Krishna Khandelwal on How AI Is Reshaping Recruitment in India

In an interaction with TechGraph, Krishna Khandelwal, Founder and CEO of Hunar.AI, outlined how...

Rewiring Academic Research: MBU’s Dr. T.V.V. Satyanarayana on How IECom Is Shaping India’s Intelligent Electronics Agenda

Speaking with TechGraph, Dr. T.V.V. Satyanarayana, Professor at Mohan Babu University (MBU), discussed how...

Building a Future-Ready Portfolio in a Digitally Driven Economy

The rapidly changing investment landscape in India has the nation's fast-growing digital economy at its center. Technology is affecting how companies operate, how consumers...

Why BFSI Needs Generative AI, Not Rule Engines

The Banking, Financial Services, and Insurance (BFSI) sector has been using rule engines for decision automation, workflow management, and regulatory compliance for decades. These systems, based on predefined logic and static if-then conditions, worked in a fairly predictable financial environment. However, the present-day BFSI scenario...

How Unified Intelligence Is Transforming the Future of Device Security

Device security has always been a balancing act; protecting sensitive data without slowing the...

Enterprise Blind Spots: 3 Cubed’s Shammik Gupta on Building a Digital Twin for Real Operational Clarity

Speaking with TechGraph, Shammik Gupta, Founder of 3 Cubed, discussed how enterprises invested in...

How Self-Service Analytics Is Reshaping Everyday Business Decisions

For years, analytics ran on a predictable cycle. Business teams raised requests and waited...

How can mid-career professionals transition into AI-assisted roles without going back to college?

Artificial intelligence is reshaping industries worldwide, from healthcare to finance, marketing, logistics, and education....

Adda247’s Bimaljeet Singh Bhasin on Career247 and the Push for Job-Ready Education

In an interview with TechGraph, Bimaljeet Singh Bhasin, CEO of Skilling and Higher Education...

The Future of Preventive Healthcare in India and the Role of Digital Platforms

India is set to decide on the ongoing healthcare evolution, where the main point...

Rethinking Medical Training: MedLern Co-founder Deepak Sharma on Digital Resuscitation Learning and Patient Safety

Speaking with TechGraph, Deepak Sharma, Co-founder and CEO of MedLern, discussed how traditional instructor-led...

Home Improvements That Benefit You Today and Boost Value Tomorrow

When it comes to home improvements, the best upgrades are those that provide immediate...

Vimal Singh on ReadyAssist’s Role in Modernising Roadside Assistance in India

Speaking with TechGraph, Vimal Singh, Founder of ReadyAssist, discussed how traditional roadside assistance models...

The Shift to Intelligent Hiring: HunarAI’s Krishna Khandelwal on How AI Is Reshaping Recruitment in India

In an interaction with TechGraph, Krishna Khandelwal, Founder and CEO of Hunar.AI, outlined how...

Why Solar Panels Are a Worthwhile Investment

With the increasing urgency to transition to sustainable energy sources, investing in solar panels...

Tech Driven Urban Growth: How Digital Innovation is Shaping Sustainable Real Estate in India’s Emerging Cities

India stands at an important moment in its urban journey. The country’s largest cities...

Ensuring Your Building is Technologically Modern and Eco-Friendly

In the contemporary world, where the balance between innovation and sustainability is paramount, modernizing...

Serhiy Tokarev on the Four Hidden Advantages of the CEE Startup Ecosystem

Central and Eastern Europe (CEE) has changed a lot in the last ten years....

Rewiring Academic Research: MBU’s Dr. T.V.V. Satyanarayana on How IECom Is Shaping India’s Intelligent Electronics Agenda

Speaking with TechGraph, Dr. T.V.V. Satyanarayana, Professor at Mohan Babu University (MBU), discussed how...

Home Improvements That Benefit You Today and Boost Value Tomorrow

When it comes to home improvements, the best upgrades are those that provide immediate...

India’s AIF Shift: Steptrade Capital’s Kresha Gupta on the Evolution of Alternative Investments in India

Speaking with TechGraph, Kresha Gupta, Director and Fund Manager at Steptrade Capital, discussed how...

Vimal Singh on ReadyAssist’s Role in Modernising Roadside Assistance in India

Speaking with TechGraph, Vimal Singh, Founder of ReadyAssist, discussed how traditional roadside assistance models...